Argentina Public Consumption: % of GDP
Key information about Argentina Public Consumption: % of GDP
- Argentina Public Consumption accounted for 15.1 % of its Nominal GDP in Jun 2024, compared with a share of 14.7 % in the previous quarter.
- Argentina Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Jun 2024, with an average number of 14.7 %.
- The data reached an all-time high of 19.7 % in Dec 2015 and a record low of 9.9 % in Jun 2004.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2004. Government Consumption as % of Nominal GDP prior to Q1 2004 is based on previous benchmark year 1993.
Related information about Argentina Public Consumption: % of GDP
- In the latest reports, Argentina GDP expanded 1.2 % YoY in Mar 2023.
- Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 94.1 % in Mar 2023.
- Argentina GDP Per Capita reached 13,659.4 USD in Dec 2022.
- Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 13.4 % in Jun 2024.
- Private Consumption accounted for 69.6 % in Jun 2024.
View Argentina's Public Consumption: % of GDP from Mar 1993 to Jun 2024 in the chart:
What was Argentina's Public Consumption: % of GDP in Jun 2024?
Argentina Public Consumption accounted for 15.1 % of its Nominal GDP in Jun 2024, compared with a share of 14.7 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
15.1 Jun 2024 | 14.7 Mar 2024 | 9.9 Jun 2004 | 19.7 Dec 2015 | % | quarterly | Mar 1993 - Jun 2024 |
Public Consumption: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
Argentina (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Armenia (%) | 10.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 21.4 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
Azerbaijan (%) | 17.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 13.6 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
Belarus (%) | 20.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Belgium (%) | 24.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 20.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 17.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | 30.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Brazil (%) | 18.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
Canada (%) | 21.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
Chile (%) | 15.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
China (%) | 16.5 2023 | yearly | 1952 - 2023 |
Colombia (%) | 12.4 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Croatia (%) | 23.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | 18.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 23.0 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Egypt (%) | 7.0 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
Estonia (%) | 21.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
European Union (%) | 21.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 24.3 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Georgia (%) | 12.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 21.8 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
Greece (%) | 19.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 20.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Iceland (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | 10.2 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
Ireland (%) | 11.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Israel (%) | 26.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Italy (%) | 17.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
South Korea (%) | 17.7 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 21.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 19.4 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Luxembourg (%) | 18.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Macau SAR, China (%) | 11.8 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
North Macedonia (%) | 18.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 11.0 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Malta (%) | 15.7 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Mauritius (%) | 14.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mexico (%) | 11.3 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | 19.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 19.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 23.0 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
Norway (%) | 23.5 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 8.7 2024 | yearly | 1960 - 2024 |
Palestinian Territory (%) | 20.9 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 12.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Peru (%) | 12.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 19.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 23.7 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Serbia (%) | 16.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 21.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
South Africa (%) | 18.7 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 16.2 2023 | yearly | 1960 - 2023 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.6 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doArgentina Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -0.7 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | 582.975 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Tax Revenue (USD mn) | 9,096.893 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Tax Revenue: % of GDP (%) | 17.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
National Government Debt (USD mn) | 442,514.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Government Debt: % of GDP (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Forecast: Government Expenditure (ARS bn) | 740,993.414 2029 | yearly | 1993 - 2029 |
Forecast: Government Net Debt (ARS bn) | 1,158,144.357 2029 | yearly | 1992 - 2029 |
Forecast: Government Revenue (ARS bn) | 770,888.979 2029 | yearly | 1993 - 2029 |
Government Revenue: Taxes: Net Vat (ARS mn) | 4,384,271.894 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Government Revenue: Social Security (ARS mn) | 2,830,768.407 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
NFPS 2017: Current Revenue (ARS mn) | 9,113,914.700 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
NFPS 2017: Current Expenditure (ARS mn) | 8,334,570.600 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
NFPS 2017: Capital Expenditure (ARS mn) | 313,013.700 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
NFPS 2017: Total Revenue (ARS mn) | 9,114,215.000 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | 466,630.700 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
NFPS 2017: Total Expenditure (ARS mn) | 8,647,584.300 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.933 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 992.1 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Total Exports (USD mn) | 6,691.8 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Total Exports Growth (%) | -27.2 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
Aluminum: Exports (USD th) | 5,640.661 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 600,720.896 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 123,326.762 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 5,699.7 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Total Imports Growth (%) | -8.1 Sep 2024 | monthly | Jan 1992 - Sep 2024 |
Imports: Medicament (USD th) | 1,433,987.074 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 1,977,432.955 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 491.080 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Total Imports from USA (USD mn) | 497.096 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Total Exports to China (USD mn) | 418.691 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Total Imports from China (USD mn) | 1,381.989 Sep 2024 | monthly | Apr 1983 - Sep 2024 |
Exports: fob: Primary Products: Cereals (USD mn) | 8,705.911 2023 | yearly | 1989 - 2023 |
Exports: fob: Industrial: Transport Material (USD mn) | 8,350.345 2023 | yearly | 1989 - 2023 |
Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 4,286.131 2023 | yearly | 1989 - 2023 |
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,022.071 2023 | yearly | 1989 - 2023 |
Exports: fob: Agricultural: Fats and Oils (USD mn) | 5,821.010 2023 | yearly | 1989 - 2023 |
Export Value Index (2015=100) | 137.248 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 104.950 2021 | yearly | 1980 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.6 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Household Debt: % of GDP (%) | 4.1 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Money Supply M1 (USD mn) | 34,066.644 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Money Supply M2 (USD mn) | 74,284.041 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
M2 Growth (%) | 190.2 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Reserve Requirement Ratio (%) | 41.6 Aug 2024 | monthly | Apr 1985 - Aug 2024 |
Foreign Exchange Reserves (USD mn) | 21,843.7 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
Foreign Exchange Reserves: % of GDP (%) | 3.975 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.7 May 2023 | monthly | Jan 1990 - May 2023 |
Gold Reserves (USD mn) | 5,234.800 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
Total Deposits (USD mn) | 86,535.031 Oct 2024 | monthly | Jul 2002 - Oct 2024 |
Total Deposits Growth (%) | 140.9 Oct 2024 | monthly | Jul 2003 - Oct 2024 |
Domestic Credit (USD mn) | 172,455.7 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Domestic Credit Growth (%) | 162.2 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Credit to Households (USD bn) | 9.555 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 82.636 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Household Debt (USD mn) | 19,977.0 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
Total Loans (USD mn) | 201,589.117 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Total Loans Growth (%) | 178.42 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 9.42 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Money Supply: Month End: M1 (ARS th) | 32,482,545,389.000 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Money Supply: Month End: M2 (ARS th) | 70,829,833,433.000 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Money Supply: Month End: M3 (ARS th) | 113,353,171,440.000 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
Official Reserve Assets (ORA) (USD mn) | 27,172.270 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
ORA: Foreign Currency Reserves (FCR) (USD mn) | 21,843.660 Sep 2024 | monthly | Jul 2006 - Sep 2024 |
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) | 5,234.800 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Deposits: ARS (ARS mn) | 85,842,751.065 Oct 2024 | monthly | Jul 2002 - Oct 2024 |
Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) | 1,079,978.323 Oct 2024 | monthly | Jul 2002 - Oct 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Geopolitical Risk Index (%) | 0.048 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
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